Drilling ///

The largest oil companies are playing an increasingly important role in high impact exploration but performance was down in 2018, limited by a lack of depth in the quality of global drilling opportunities, according to experts at research consultancy, Westwood Global Energy Group.

GEODynamics, the global technology and manufacturing leader in perforating, downhole completion, intervention, and wireline-conveyed solutions, has added two new V.P.'s to its leadership team. John Berner is the new V.P. of manufacturing and Brian Hurst is the new V.P. of electro-mechanical.

South Africa’s Strategic Fuel Fund is welcome to bring in partners to help it execute a $1-billion agreement to drill for oil and build a refinery and pipeline in South Sudan, the central African nation’s oil minister said.

Wellbore Integrity Solutions (WIS), an affiliate of private equity firm Rhône Capital, and Schlumberger has jointly announced that they have entered into an agreement for WIS to acquire the businesses and associated assets of DRILCO, Thomas Tools, and Fishing & Remedial services, along with part of a manufacturing facility located on Rankin Road in Houston, Texas.

Unity, provider of well integrity technology, services and engineering solutions, has launched the industry’s first multi-functional, near-surface intervention system following a successful commercial project for a major operator in Northwest Africa.

Cubility AS, a leading provider of solids control solutions that improve efficiencies, solids control and HSE around drilling operations, has announced an exclusive partnership with Argentinian solids control specialists Polyar SA to market, sell and support its MudCube solution across Argentina.